November 4, 2019 @ 10:16 am By JD Alois  |  

It has been widely reported that the People’s Bank of China is nearly ready to issue the first Central Bank Digital Currency (CBDC) to streamline the payment/transfer process for the Renminbi. Many central banks are reviewing the pros and cons of a CBDC but China… Read More

November 4, 2019 @ 9:34 am By JD Alois  |  

Fundament Securities, the issuer of the first regulated Real Estate Security Token offer in Germany, will provide institutional-grade custody solution for its digital assets in a new partnership with DACS “Digital Asset Custody Solution” a digital asset lifecycle management business. Fundament Group is a Berlin-based end-to-end… Read More

November 3, 2019 @ 7:12 pm By JD Alois  |  

Big data is on the agenda for the House Financial Services Committee’s Task Force on Financial Technology. The Fintech Task Force will convene for a hearing entitled, “Banking on Your Data: the Role of Big Data in Financial Services.” The Fintech Task Force is relatively… Read More

November 3, 2019 @ 4:47 pm By JD Alois  |  

An ongoing enforcement action brought by the Commodity Futures Trading Commission (CFTC) pertaining to a cryptocurrency called ATM Coin has been resolved with a federal court ordering defendants to pay over $4.25 million in penalties. The US District Court of Eastern District of New York… Read More

November 2, 2019 @ 1:48 pm By JD Alois  |  

A report published by Bloomberg yesterday states that Goldman Sachs (NYSE:GS) has extended $10 billion in credit and 736 million in loan balances pertaining to the Apple Card, as of September 30th. The same report also states that following the rollout of the Apple Card,… Read More

November 2, 2019 @ 1:05 pm By JD Alois  |  

Funding Circle (LSE:FCH) has announced updates to the lending experience for retail investors in the UK. According to a blog post, on 2 December, the company will launch a new selling tool that is expected to improve retail lenders’ ability to access funds more regularly… Read More

November 1, 2019 @ 3:24 pm By JD Alois  |  

Goji has launched an asset custody service to support the growth of crowdfunding platforms, according to a company release. Goji states that FCA’s regulatory obligations to safeguard client assets can either be operated internally on the platform or rely on a third-party custodian. Goji currently… Read More

November 1, 2019 @ 3:09 pm By JD Alois  |  

Schwab (NASDAQ:SCHW), via a new service called Schwab Alternative Investment Marketplace, is pushing forward into the realm of digital offerings of alternative securities like private equity offerings. The marketplace will provide easy access to “alts” for registered investment advisors. Schwab has inked a partnership with… Read More

November 1, 2019 @ 2:53 pm By JD Alois  |  

OTC Markets has inked a strategically important partnership with North Capital Investments Technology where OTCQX and OTCQB listed companies may conduct and manage securities offerings online. OTC Markets is integrating the North Capital platform to facilitate online capital formation in recognition of the ongoing shift… Read More

November 1, 2019 @ 12:32 pm By JD Alois  |  

Fast-growing Fintech Landbay says October was a great month for the real estate peer to peer lending platform. Without providing any details, Landbay tweeted out the news. Earlier this year, Landbay reported that a “leading financial institution” had committed to funding £1 billion in buy… Read More

November 1, 2019 @ 12:07 pm By JD Alois  |  

Harbor has received regulatory approval to operate an SEC-registered transfer agent, according to a company release. Habor recently received approval to receive a Broker-Dealer License from FINRA. The approval will help expand Harbor’s digital securities services including Reg A+, alternative assets and other traditional capital… Read More

November 1, 2019 @ 9:34 am By JD Alois  |  

The Association of German Banks (Bundesverband Deutscher Banken), the association that represents all of the private banks in Germany, is demanding a programmable digital Euro. A position paper published by the Association is advocating for the creation of a digital Euro in response to Facebook’s… Read More

November 1, 2019 @ 8:18 am By JD Alois  |  

Ethis has received regulatory approval to operate in Indonesia marking the third market this year where the platform may now provide online capital formation. Ethis received approval to provide peer to peer crowdfunding as authorized by the Financial Services Authority of Indonesia. Prior to this… Read More

October 31, 2019 @ 1:51 pm By JD Alois  |  

In less than 7 days, Legion M will close its 5th crowdfunding round currently hosted on Wefunder under the Reg A+ exemption. According to the campaign page, Legion M has raised $4.86 million from 15,792 investors but a not from the company indicates that lifetime… Read More

October 31, 2019 @ 10:56 am By JD Alois  |  

LendInvest, a UK based Fintech platform for property finance, has hired a new Director of Mortgage Underwriting, and a second Business Development Manager for the North West. According to a note from LendInvest, Gene Clohessy joins the team as Director of Mortgage Underwriting and will… Read More

October 31, 2019 @ 10:47 am By JD Alois  |  

Digital asset custody platform Koine has been granted authorization for the issuance of electronic money (EMI Licence) by the Financial Conduct Authority (FCA). Koine added that it has selected the UK as its “jurisdiction of preference” when it comes to a regulated market and that… Read More

October 31, 2019 @ 9:49 am By JD Alois  |  

FINRA regulated Broker-Dealer Watchdog Capital believes in the future of blockchain-powered digital securities. Watchdog in a release said distributed ledger technology will soon “transform global capital markets.” The firm says that rather than fight the rising digital tied it plans to build a platform that… Read More

October 31, 2019 @ 8:39 am By JD Alois  |  

The Fundament Group, a Germany based security token issuance platform, has announced a partnership with Tezos to develop regulated digital securities. Fundament also revealed that the Tezos Foundation has invested in the Fintech startup. Fundament’s vision is to provide institutional-grade financial products for all investors… Read More

October 31, 2019 @ 8:13 am By JD Alois  |  

Seedrs continues to add value to its investment crowdfunding platform as it moves beyond online capital formation. Today, Seedrs is announcing a partnership with CityFalcon to prove market intelligence by incorporating a trending news feed on the site. Additionally, Seedrs is incorporating “sector pages” where… Read More

October 31, 2019 @ 4:03 am By JD Alois  |  

SyndicateRoom is going through a period of change, it appears. In an email distributed by co-founder Tom Britton, he stated that SyndicateRoom is switching to “fund-first approach to investing.” As explained in the email: “We’re in the process of redesigning our crowdfunding offering. We need… Read More